Embattled Hong Kong property developer New World Development Co. has landed more vows from banks to help with a HK$87.5 billion ($11.2 billion) loan refinancing deal, bringing commitments to about 40% …
Cathy Chui, ‘hundred-billion daughter-in-law’ of late Hong Kong billionaire Lee Shau Kee, remembers him as devoted family man
Cathy Chui, daughter-in-law of the late Hong Kong property tycoon Lee Shau Kee, became emotional as she reminisced about her father-in-law in a TVB interview over the weekend.
Hong Kong’s Gale Well reels from market downturn, loses US$6.5 million on 2 asset sales
The real estate investment firm has sold a number of properties in the last few months, while some of its assets are still on the market Hong Kong property investment firm Gale Well Group, which has …
Chinese, Hong Kong investors fuel Dubai property boom
Dubai’s real estate market is experiencing a surge in interest from Chinese and Hong Kong investors, drawn by the emirate’s strong economic fundamentals, investor-friendly policies, and high-yield …
Japanese retailers like 3Coins capitalise on Hong Kong’s retail property slump to expand
Osaka-based 3Coins store to open in mid-July in Hysan Place; firm plans to sell Japanese grocery products and other items.
Hong Kong rich families offload luxury homes to repay debts
Some of Hong Kong’s richest families are selling their personal residences to manage rising debts as the city’s prolonged property downturn persists.
As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants
Hing Wai spent HK$24 million (US$3.1 million) on a three-dimensional LED video wall installed on the building’s facade. The move generated annual advertising revenue of HK$26 million, which is about …
Capital from Hong Kong, mainland China sets sights on Dubai, Abu Dhabi property
Inquiries from Chinese buyers surge and Hong Kong’s Gaw Capital and Black Spade Capital make investments The property market in the Middle East, particularly in the United Arab Emirates (UAE) cities …
Kazakhstan Strengthens Business Ties with Korea and Hong Kong Through AIFC Connect
The Astana International Financial Centre (AIFC) held AIFC Connect events in Seoul on May 21 and Hong Kong on May 22 to deepen investment and business ties with local markets. The events showcased …
SMIC is Philippines best in corporate governance
A Hong Kong-based finance magazine has recognized SM Investments Corp. as the best Philippine company for corporate governance, as investors showed their trust and confidence in the parent of the SM …